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Carlsberg A/S Director's Dealing 2016

Feb 24, 2016

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Pursuant to section 28(a) of the Danish Securities Trading Act Carlsberg A/S
shall report the transactions in Carlsberg A/S shares of managerial staff and
connected persons

Name: Cees ‘t Hart

Reason: Member of Carlsberg A/S' Executive Board

Issuer: Carlsberg A/S

ISIN code: DK0010181759

Type: B-shares

Transaction: Grant of share options

Trading date: 24 February 2016

Market: NASDAQ Copenhagen

Number: 17,650

Market price in DKK: DKK 3,896,908

Contact:
Monica Gregers Smith, Group Legal, +45 3327 2198